Dr Ed's Video Webcast 8/29/22

Aug 29, 2022 1 min read
Dr Ed's Video Webcast 8/29/22

Keeping track of whether Fed Chair Powell is dovish or hawkish is making us dizzy. His latest clues—dropped at last week’s Jackson Hole conference—reversed the dovish impression he’d left in July that caused stocks to rally.

Below is exclusive early access to Dr Ed's Webcast for paid members. This post and video will open to the public on a later date.

So stocks pivoted southward last week. … We anticipate Powell’s next pivot and potentially encouraging inflation news. … Might BEA’s upcoming H1 GDP revisions reveal that the economy grew after all, making the “technical recession” illusory? We wouldn’t be surprised. We project 1.5% GDP growth during H2 and 2.5% next year. … Also: Q2 data on S&P 500 revenues and profits show new record highs for both.

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